When a QCD Check Goes Uncashed: Lessons for Planners and Clients
In late 2024, a 74-year-old client directed a $10,000 qualified charitable distribution (QCD) from his IRA. The custodian issued the check payable to the charity, but the check was never cashed. By mid-2025, the custodian canceled the check and returned the funds to the IRA. Here’s the problem: because the check was never cashed, no […]
Paraklete Financial, Inc. Expands Operations to Gloucester, Virginia
Gloucester, VA – January 7, 2025 – Paraklete Financial, Inc., a nationally recognized fee-for-service CPA financial planning firm, is pleased to announce its expansion into Gloucester, Virginia. This strategic move underscores Paraklete Financial’s commitment to bringing holistic personal financial planning services to clients across the United States. Mitchell Kent, CPA/PFS, will lead the Gloucester office, […]
